| Real estate is one of few markets where just about | | | | nothing. The best time for buying properties with back |
| anyone, of any educational background, can become | | | | taxes is after the tax sale, at the end of the |
| extremely successful - if they know what they're | | | | redemption period - directly from the owners |
| doing. But not just any investment will work - you have | | | | themselves. At this point, the owners that are left are |
| to know what the best property to invest in is, and | | | | probably not planning to redeem the property. These |
| how and when to purchase it. What's this "secret?" | | | | are the exact type of people you want to work with. |
| Buying properties with back taxes... but only bought | | | | These are often absentee owners that just want the |
| after the tax sale. | | | | property gone. Since you're already letting it go, you |
| If you're thinking it would be easier to just attend tax | | | | ask, can I have the deed? It's that simple. Offer $200 |
| sale, consider this. There's essentially no way to get | | | | for the hassle of signing the documents. Now you've |
| property for low enough to profit, due to the | | | | got a property for $200... will you redeem it, or just sell |
| competition. And if you're short on cash, consider this | | | | for immediate profits? Buying properties with back |
| as well: you have to pay for your entire bid, right then | | | | taxes outside the auction is really that simple. |
| and there, at tax sale. It's futile, even if you do get a | | | | This investing technique blows all the others out of the |
| deed. the owners have a year to pay off, and usually | | | | water. And it just so happens that a bad economy |
| do. Buying properties with back taxes will be extremely | | | | creates the perfect conditions for buying properties |
| difficult this way. | | | | with back taxes - jump right into the business. |
| Don't fret! You can still buy property for next to | | | | |